Air Transport

LUFTHANSA AIRLINES had €116m pretax loss in 2024 (vs €866m profit in 2023) on 2% higher revenues; pax rose 7%.

AUSTRIAN had €73m pretax profit in 2024 (vs €127m in 2023) on 5% higher revenues; enplanements rose 5%.

BRUSSELS AIRLINES had €84m pretax profit in 2024 (vs €53m in 2023) on flat revenues; enplanements rose 1%.

SWISS had €815m pretax profit in 2024 (vs €797m in 2023) on 10% higher revenues; enplanements rose 9%.

LUFTHANSA GROUP had €550m net income on €10.4b revenues in 4Q24 vs €67m on €9.7b in 4Q23; and €1.38b net income on record €37.6b in 2024 vs €1.67b on €35.4b in 2023. Its pax airlines business segment earned €1b on €29.7b in 2024 vs €2b on €28.3b in 2023 and ended year with 735 aircraft (vs 721), with 242 on order for delivery in 2025-2032.

Melrose Industries, parent company of GKN Aerospace, posted 11% annual revenue growth in 2024 on the back ofdemand for its engines and aftermarket businesses.

Three forces are converging that could funnel momentum to fund long overdue air traffic control (ATC) modernization.

Net zero—out of reach by the middle of the century ... or is it?

Dubbed Paladin, the prototype is the first full-sized example of Regent’s 12-passenger Viceroy, designed to carry two crewmembers and 12 passengers.

The European Commission was examining the Dutch government’s noise reduction plan under the Balanced Approach process that EU Member States must follow.

Air France-KLM CEO Ben Smith says Air France-KLM will make a bid for TAP Air Portugal if the conditions are right.

Swiss International Air Lines reported its second highest ever annual profit for 2024 but fleet issues continue to present operational challenges.

This week #FlightFriday looks at Indian operators and their narrowbody jets.

Unravelling Air India’s fleet story is a complex task amid the mergers, ungrounding of aircraft, refurbishments and record-breaking orders.

Indian carrier IndiGo is set to make its long-awaited European long-haul debut with the launch of nonstop flights to Manchester and Amsterdam.

A legendary Asian airline company is back in the game.

AirAsia is pulling its only two routes from Malaysia's Sultan Abdul Aziz Shah Airport, also known as Subang Airport, six months after resuming operations there.

Israir Airlines has applied to the DOT for foreign air carrier permit to resume scheduled flights between Tel Aviv and New York.

Ghana is to restart its attempts to create a new national airline after being without one for more than two decades.

The African air cargo industry is steadily expanding its capability by gathering more investments to improve its effectiveness. CEO of Magma Aviation, Peter Kerins, shares his insights about the ever-changing industry in Africa.

Emirates and Costa Cruises have renewed their partnership through 2027, with the aim of positioning Dubai as a major global cruise hub.

IndiGo is adding its first-ever long-haul destinations - Manchester and Amsterdam.

Emirates concluded a successful ITB Berlin 2025 on March 6, signing 11 strategic agreements during the event.

Remote medical and security assistance company MedAire unveiled a training package aiming to unify the language and understanding of security across aviation.

JetZero has secured a propulsion systems agreement with RTX covering its blended-wing-body aircraft’s primary engines, auxiliary power system and nacelles.